North Carolinians wagered more than $659 million on sports bets in March

RALEIGH, NC (WWAY) — Gamblers in North Carolina wagered more than $659 million on sports bets in March, the North Carolina State Lottery Commission says.

The totals came between noon on March 11th and March 31st, with bets winning more than $590 million.

State law places an 18 percent tax on the gross wagering revenue generated by sports wagering activity. Gross wagering revenue is a total of amounts received from sports wagers less the amounts paid as winnings before any deductions for expenses, fees, or taxes.

In March, the gross wagering revenue was $66,496,213.